Weekly Fundraising Report: $21.6M 2 deals

Fundraising Weekly

Overview

In the week of 03 May to 09 May 2020, 2 blockchain startups secured over $21.6 million in funding.

This represents an increase of 29.34% from the previous week, underscoring the market's enthusiasm for innovative projects that continue to attract investment.

Funding Deals

Total Funding
$21.6M
Total Deals
2

Ecosystem and Sector Focus

This week's spotlight shines intensely on the NEAR ecosystem and Layer 1 sector. Notably, the Layer 1 attracted a total of $21.6 million across 1 deals. Specifically, the Layer 1 sector, with its notable increase in activity, signals an upward trend, highlighting its growing appeal in the investment community.

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